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Friday, April 21, 2017

I missed this one….

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2017-04-20_14-21-32.jpg

200 day MA and 38.2% retracement stalls the EURJPY rally
I missed this one from earlier in the day.
The EURJPY rallied up toward a pretty juicy technical level defined by the 200 day MA at 117.83 and the 38.2% retracement at 117.91. The market price moved up to a high of 117.813 – just a pip or so away from the 200 day MA and less than 10 pips from the 38.2% retracement.

April 20, 2017 at 11:41PM

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from Greg Michalowski

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